Basler Aktiengesellschaft
BSL.DE
#6325
Rank
$0.37 B
Marketcap
$12.02
Share price
2.01%
Change (1 day)
-47.92%
Change (1 year)

P/E ratio for Basler Aktiengesellschaft (BSL.DE)

P/E ratio as of May 2024 (TTM): -23.9

According to Basler Aktiengesellschaft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.8713. At the end of 2022 the company had a P/E ratio of 41.6.

P/E ratio history for Basler Aktiengesellschaft from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202241.6-44.96%
202175.657.54%
202048.012.94%
201942.572.62%
201824.6-15.05%
201729.017.62%
201624.610.08%
201522.446.49%
201415.3-10.42%
201317.150.91%
201211.30.63%
201111.2122.91%
20105.04-314.91%
2009-2.34

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.